2B78.DE vs. 2B77.DE
2B78.DE (iShares Healthcare Innovation UCITS ETF) and 2B77.DE (iShares Ageing Population UCITS ETF) are both Health & Biotech Equities funds from iShares - 2B78.DE tracks the iSTOXX® FactSet Breakthrough Healthcare while 2B77.DE tracks the iSTOXX® FactSet Ageing Population. Both are passively managed. Over the past 5 years, 2B78.DE returned -1.74%/yr vs 5.15%/yr for 2B77.DE. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.
Performance
2B78.DE vs. 2B77.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 2B78.DE achieves a -2.07% return, which is significantly lower than 2B77.DE's 2.83% return.
2B78.DE
- 1D
- 0.41%
- 1M
- 1.41%
- YTD
- -2.07%
- 6M
- -3.15%
- 1Y
- 14.42%
- 3Y*
- 2.27%
- 5Y*
- -1.74%
- 10Y*
- —
2B77.DE
- 1D
- 1.81%
- 1M
- -0.25%
- YTD
- 2.83%
- 6M
- 4.00%
- 1Y
- 16.35%
- 3Y*
- 10.94%
- 5Y*
- 5.15%
- 10Y*
- —
2B78.DE vs. 2B77.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
2B78.DE iShares Healthcare Innovation UCITS ETF | -2.07% | 5.50% | 7.24% | -0.29% | -19.03% | 1.15% | 38.75% | 16.74% | 0.39% | 19.45% |
2B77.DE iShares Ageing Population UCITS ETF | 2.83% | 13.27% | 14.30% | 5.16% | -8.98% | 13.25% | 2.39% | 23.81% | -9.53% | 7.26% |
Correlation
The correlation between 2B78.DE and 2B77.DE is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016 | 0.82 |
The correlation between 2B78.DE and 2B77.DE has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
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Return for Risk
2B78.DE vs. 2B77.DE — Risk / Return Rank
2B78.DE
2B77.DE
2B78.DE vs. 2B77.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF (2B78.DE) and iShares Ageing Population UCITS ETF (2B77.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 2B78.DE | 2B77.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.24 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.45 | -1.21 |
| Martin ratioReturn relative to average drawdown | 3.07 | 8.32 | -5.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 2B78.DE | 2B77.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 1.36 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.34 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.43 | -0.11 |
Drawdowns
2B78.DE vs. 2B77.DE - Drawdown Comparison
The maximum 2B78.DE drawdown since its inception was -38.58%, roughly equal to the maximum 2B77.DE drawdown of -38.47%. Use the drawdown chart below to compare losses from any high point for 2B78.DE and 2B77.DE.
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Drawdown Indicators
| 2B78.DE | 2B77.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.58% | -38.47% | -0.11% |
Max Drawdown (1Y)Largest decline over 1 year | -12.05% | -6.80% | -5.25% |
Max Drawdown (3Y)Largest decline over 3 years | -25.32% | -20.07% | -5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -36.99% | -20.07% | -16.92% |
Current DrawdownCurrent decline from peak | -19.03% | -1.60% | -17.43% |
Average DrawdownAverage peak-to-trough decline | -14.36% | -5.47% | -8.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 2.01% | +2.85% |
Volatility
2B78.DE vs. 2B77.DE - Volatility Comparison
iShares Healthcare Innovation UCITS ETF (2B78.DE) has a higher volatility of 3.74% compared to iShares Ageing Population UCITS ETF (2B77.DE) at 3.36%. This indicates that 2B78.DE's price experiences larger fluctuations and is considered to be riskier than 2B77.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2B78.DE | 2B77.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 3.36% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 9.17% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.67% | 12.28% | +3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.91% | 15.09% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.79% | 16.52% | +2.27% |
2B78.DE vs. 2B77.DE - Expense Ratio Comparison
Both 2B78.DE and 2B77.DE have an expense ratio of 0.40%.
Dividends
2B78.DE vs. 2B77.DE - Dividend Comparison
Neither 2B78.DE nor 2B77.DE has paid dividends to shareholders.
Frequently Asked Questions
2B78.DE and 2B77.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
2B78.DE and 2B77.DE have the same expense ratio: 0.40% per year.
2B78.DE tracks iSTOXX® FactSet Breakthrough Healthcare, while 2B77.DE tracks iSTOXX® FactSet Ageing Population.
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